January Barometer forecasts a down 2010

Date: Fri, 29 Jan 2010 12:00:58 -0500

JANUARY BAROMETER FORCASTS A DOWN 2010
It's likely that January will be a down month for the stock market,
thereby triggering a negative signal from the venerable January
Barometer.

UPDATES, ADVISORIES AND SURPRISES

A roundup of the latest corporate earnings reports and what companies
are saying about future quarters.

MICROSOFT IN FOCUS AFTER PROFIT JUMPS 60%
Microsoft Corp. posts a 60% gain in fiscal second-quarter profit,
benefiting from improved personal computer sales and the recent
release of its flagship Windows 7 operating system.

AMAZON SHARES RISE ON STRONG RESULTS
Amazon.com Inc. reports a 70%-plus increase in fourth-quarter earnings
thanks to strong holiday sales of media products, electronics and
other items.

FRIDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks seeing significant moves in Friday's markets include,
Amazon.com, Autoliv and Mattel.